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Wednesday, April 1, 2015

A true Story on FHA

A couple contacted me and wanted to know if there was anything that I could suggest for their situation. They had a high interest rate FHA loan and their mortgage balance was more than the market value of their home. I did have several suggestions for them. One option fit their situation since they plan to stay in their home for the next 3 to 5 years. Because they have been making their payments on time, the FHA refinanced their home loan at the current lower interest rates. This is saving them several hundred dollars a month! Whatever your situation, let me (Mr. Will from Jacksonville) help guide you through the options you may have for a new or refinanced mortgage. That’s what we Mortgage Professionals are trained to do – help you get a new mortgage or update your current one.